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The Hindu Sep 18
chairman R.C. Bhargava said that cars cannot be treated as luxury products capable of bearing any amount of taxation.
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Shashika Cab 🚕 💯%FB 4h
Land Cruiser SUV Achieves 10 Million Sales Milestone via @
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Raj Shah Sep 20
• Compensation cess on petrol motor vehicles with 10-13 person capacity reduced to 1%, while on diesel vehicles it has been reduced to 3%. Before the cut, the compensation cess was at 15 per cent. #motor#auto#sector#bse#nse
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Karvy Growth Hub Sep 19
There is no in . Confederation of All India Traders thinks the sector is making hue and cry only to get a package from the . What do you think?
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munish shekhavat Sep 20
GST Council recommends lower 12% cess on 1,500 cc diesel, 1,200 cc petrol vehicles with capacity to carry up to 13.
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LekhaChakraborty🌎 Sep 21
crisis is much deeper than Ola and Uber
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Pallavi Sep 16
Replying to @pallavict
Why has the suffered? Why aren’t they able to ? Becoz they aren’t ? Becoz they became - Jack of all vehicles; master of none ?
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Nikunj Sanghi Sep 20
Well the FM has definitely put the money in the hands of the corporates to spur demand!! It is now in their hands to revive the !!
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Traffic Sahayak Sep 15
are not buying 2 wheelers thus becoming reponsible for coz they are going Triple seat or Quadruple seat cc ma'am sir sir
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P R Anand Sep 20
Slowdown in Auto Sector – does it matter?
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LokMarg Sep 17
The govt must motivate people to give up 15-year-old vehicles by incentivising the process. Next, it must draft a sound scrappage policy and build a chain of recycling units across the country, writes Kunal Bose via
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Financial News Sep 16
Govt announces additional 15% depreciation on motor vehicles purchased between 23-08-2019 and 31-03-2020. Motor cars depreciation now at 30% Vs 15%, Motor buses, Lorries & taxis depreciation at 45% Vs 30% earlier
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GoNewsIndia 6h
Companies in crisis and workers laid off. The slowdown has hit the hard, which is the single largest contributor to the sector. reports from north India's auto hub,
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moneycontrol Sep 17
Backing FM ’s Ola-Uber comment, chief Uddhav Thackeray has said the cab aggregators have also hit BEST bus services.
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Mehul Shah Sep 16
&M "With the changing era, the millennials want to experience brands in a different way with avoiding long-term commitment in terms of time or capital investment,” said Veejay Nakra, chief of sales and marketing at Mahindra.
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Pallavi Sep 16
calls crybabies , MD of Auto says industry shd look at its own 5-7% in 2-wheeler sale can’t be called a Cos shdn’t resort to by talking of as salaries account for just 4% of sales
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Cogencis Sep 15
A bad workman blames his tools, boomers blame millennials. To suggest that usage of ride-sharing services by youth has brought the auto sector to a halt is nothing but post hoc, ergo propter hoc
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moneycontrol Sep 16
| If the industrialists are concerned about volume of sales or future of employees, then why can’t they compromise a little bit on profit margins and reduce the ex-showroom price? decodes
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Sooraj A P Sep 15
Poor roads increase cost of ownership. Less space for parking. This makes customers to think twice before buying a car and thus opt for online taxi services. These are the reasons for sales decline in auto industry.
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Amit KN Gupta Sep 14
demonetization May be one of the reason for the slowdown in the automobile sector. Pre-demonetisation, unaccounted money was also used for purchasing vehicles. At present, purchases are less due to the considerable restriction on illegal funds.
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